goari ltd
goari ltd Company Information
Company Number
SC631296
Next Accounts
Feb 2026
Directors
Shareholders
gordon craig
aristi moccia
Group Structure
View All
Industry
Licensed restaurants
Registered Address
3 murray path, uddingston, glasgow, G71 7QN
Website
-goari ltd Estimated Valuation
Pomanda estimates the enterprise value of GOARI LTD at £465.4k based on a Turnover of £689.7k and 0.67x industry multiple (adjusted for size and gross margin).
goari ltd Estimated Valuation
Pomanda estimates the enterprise value of GOARI LTD at £0 based on an EBITDA of £-9.1k and a 4.35x industry multiple (adjusted for size and gross margin).
goari ltd Estimated Valuation
Pomanda estimates the enterprise value of GOARI LTD at £0 based on Net Assets of £-20k and 2.5x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Goari Ltd Overview
Goari Ltd is a live company located in glasgow, G71 7QN with a Companies House number of SC631296. It operates in the licenced restaurants sector, SIC Code 56101. Founded in May 2019, it's largest shareholder is gordon craig with a 50% stake. Goari Ltd is a young, small sized company, Pomanda has estimated its turnover at £689.7k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Goari Ltd Health Check
Pomanda's financial health check has awarded Goari Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £689.7k, make it smaller than the average company (£2m)
- Goari Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (29.6%)
- Goari Ltd
29.6% - Industry AVG
Production
with a gross margin of 58.9%, this company has a comparable cost of product (58.9%)
- Goari Ltd
58.9% - Industry AVG
Profitability
an operating margin of -2% make it less profitable than the average company (3%)
- Goari Ltd
3% - Industry AVG
Employees
with 16 employees, this is below the industry average (42)
16 - Goari Ltd
42 - Industry AVG
Pay Structure
on an average salary of £20.1k, the company has an equivalent pay structure (£20.1k)
- Goari Ltd
£20.1k - Industry AVG
Efficiency
resulting in sales per employee of £43.1k, this is less efficient (£58.2k)
- Goari Ltd
£58.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Goari Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (45 days)
- Goari Ltd
45 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (10 days)
- Goari Ltd
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (13 weeks)
24 weeks - Goari Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 125.6%, this is a higher level of debt than the average (83.5%)
125.6% - Goari Ltd
83.5% - Industry AVG
GOARI LTD financials
Goari Ltd's latest turnover from May 2024 is estimated at £689.7 thousand and the company has net assets of -£20 thousand. According to their latest financial statements, Goari Ltd has 16 employees and maintains cash reserves of £36 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | 16 | 22 | 21 | 22 | 11 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 26,439 | 31,104 | 36,593 | 43,068 | 50,667 |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 26,439 | 31,104 | 36,593 | 43,068 | 50,667 |
| Stock & work in progress | 5,000 | 2,500 | 2,500 | 2,500 | |
| Trade Debtors | |||||
| Group Debtors | |||||
| Misc Debtors | 6,413 | 6,924 | 2,240 | 2,240 | 2,569 |
| Cash | 36,038 | 116,870 | 152,531 | 107,457 | 7,968 |
| misc current assets | 4,267 | ||||
| total current assets | 51,718 | 126,294 | 157,271 | 112,197 | 10,537 |
| total assets | 78,157 | 157,398 | 193,864 | 155,265 | 61,204 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 19,358 | 34,302 | 33,352 | 15,728 | 14,125 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 57,190 | 98,899 | 104,667 | 84,226 | 66,653 |
| total current liabilities | 76,548 | 133,201 | 138,019 | 99,954 | 80,778 |
| loans | 21,597 | 31,459 | 41,157 | 50,000 | |
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 21,597 | 31,459 | 41,157 | 50,000 | |
| total liabilities | 98,145 | 164,660 | 179,176 | 149,954 | 80,778 |
| net assets | -19,988 | -7,262 | 14,688 | 5,311 | -19,574 |
| total shareholders funds | -19,988 | -7,262 | 14,688 | 5,311 | -19,574 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 4,665 | 5,489 | 6,475 | 7,599 | 8,942 |
| Amortisation | |||||
| Tax | |||||
| Stock | 2,500 | 2,500 | |||
| Debtors | -511 | 4,684 | -329 | 2,569 | |
| Creditors | -14,944 | 950 | 17,624 | 1,603 | 14,125 |
| Accruals and Deferred Income | -41,709 | -5,768 | 20,441 | 17,573 | 66,653 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | -9,862 | -9,698 | -8,843 | 50,000 | |
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -80,832 | -35,661 | 45,074 | 99,489 | 7,968 |
| overdraft | |||||
| change in cash | -80,832 | -35,661 | 45,074 | 99,489 | 7,968 |
goari ltd Credit Report and Business Information
Goari Ltd Competitor Analysis
Perform a competitor analysis for goari ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in G71 area or any other competitors across 12 key performance metrics.
goari ltd Ownership
GOARI LTD group structure
Goari Ltd has no subsidiary companies.
Ultimate parent company
GOARI LTD
SC631296
goari ltd directors
Goari Ltd currently has 1 director, Mr Gordon Craig serving since May 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gordon Craig | Scotland | 60 years | May 2019 | - | Director |
P&L
May 2024turnover
689.7k
-21%
operating profit
-13.8k
0%
gross margin
58.9%
+2.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
-20k
+1.75%
total assets
78.2k
-0.5%
cash
36k
-0.69%
net assets
Total assets minus all liabilities
Similar Companies
goari ltd company details
company number
SC631296
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
May 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
WILLIAM WATSON & COMPANY ACCOUNTANTS LTD
auditor
-
address
3 murray path, uddingston, glasgow, G71 7QN
Bank
-
Legal Advisor
-
goari ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to goari ltd.
goari ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for GOARI LTD. This can take several minutes, an email will notify you when this has completed.
goari ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
